Are you wondering if you should consolidate your debt into one loan? You might end up paying less interest and get out of debt faster with consolidation. Use this calculator to determine if consolidating your debt into one loan would be beneficial to you.

Consolidated Loan Information

Enter the interest rate and term for the loan you plan to use to consolidate your debts.

Interest Rate

Consolidated Loan Interest Rate

Enter the interest rate for the loan you plan to consolidate your debts to.

Loan Term (Months)

Consolidated Loan Term

Enter the loan term or the number of months you plan to pay off an equity line for the loan you plan to consolidate your debts to.

Debt Information

Enter balance, monthly payment and rate information for all of your debts.

Balance

Payment

Rate

Credit Card 1:

Credit Card 2:

Credit Card 3:

Credit Card 4:

Auto Loan 1:

Auto Loan 2:

Boat/RV Loan:

Other Loan 1:

Other Loan 2:

Other Loan 3:

Results

Information

Resources

Pay Off Loan

Current Debt Summary

Balance (All debt):

$0

Current Balance

Current balance of all your debt.

Payment:

$0

Current Monthly Payment

Current monthly payment for all of your debt.

Total Interest:

$0

Current Total Interest

Total interest to be paid on all of your debt.

Longest Loan Term (Months):

$0

Longest Term (Months)

Longest term remaining on all of your loans. This value is calculated using the
balance, payment and rate information you entered for all of your debts.

Consolidated Loan Summary

Loan Balance:

$0

Consolidated Loan Balance

Total balance for your consolidated loan.

Payment:

$0

Consolidated Loan Payment

Monthly payment for your consolidated loan.

Total Interest:

$0

Consolidated Loan Total Interest

The total amount of interest you will pay on your consolidated loan.

Loan Term (Months):

$0

Loan Term (Months)

Loan term in months for your consolidated loan.

Alternate Loan Summary

How does the repayment schedule change if you just take the monthly amount you are currently paying and put it towards a consolidated loan?

Balance:

$0

Alternate Loan Balance

Balance for a consolidated loan with the same payment you are making now.

Payment:

$0

Alternate Loan Payment

The monthly payment on a consolidated loan that is equal to the sum of all your
current monthly payments.

Total Interest:

$0

Alternate Loan Total Interest

The total amount of interest you will pay on a consolidated loan with your current
payment.

Loan Term (Months):

$0

Alternate Loan Term (Months)

Total number of monthly payments on a consolidated loan with your current payment.

Churchill County Federal Credit Union

Serving individuals and their family members who live, work, worship, attend school or regularly conduct business in Churchill County, Nevada. See website for details.